Bank of Russia registers SKB-Bank’s 2nd and 3d bond issues

The Bank of Russia registered SKB-Bank’s second and third bond issues; each issue is worth 2 billion RUR and consists of 2 million bonds with face value of 1,000 RUR each. Each bond is to be in circulation for 1,099 days (3 years). Both bond issues will be available from MICEX stock exchange, and both of them are provided with six coupons each. SKB-Bank went through with its first bond issue on June 21, 2007. These bonds are to be in circulation for three years; the first coupon interest rate was determined at 9.75% a year.

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